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A weak open

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Miguel A. Rodriguez
Miguel A. Rodriguez
22 March 2022
Ethereum has destroyed almost $6 billion worth of its own cryptocurrency on purpose
  • Asian stock markets declined after Wall Street's biggest weekly gain in 16 months as investors watched efforts to negotiate an end to the Ukraine conflict
  • The network that powers the second most popular #cryptocurrency is intentionally destroying a portion of its own supply. Since August, Ethereum has cut down on 65% of its currency, #Ether.
  • The U.S. Supreme Court has denied a request by #Intel Corp to revive several challenges to computer-chip patents owned by VLSI Technology LLC, which won over $2.1 billion from Intel last year
  • #XAUUSD rose 0.7% in the last session
  • #EURUSD saw a minor dip of 0.2% in the last session
  • #AUDUSD corrected downwards by 0.2% in the last session
This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.